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Which One of the Following Statements Is True? Misstatements Found

Question 8

Multiple Choice

Which one of the following statements is true? Misstatements found in the previous year's audit:


A) that occur again in the current year's audit indicate management fraud.
B) have little likelihood of occurring again in the current year's audit.
C) have a high likelihood of occurring again in the current year's audit.
D) that occur again in the current year's audit indicate employee fraud.

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